Canadian Miner To Raise 50 Million CAD To Scale Cryprocurrency Mining Operation
Through its cheap renewable hydroelectric energy and cold weather, Canada has been one of the hottest destinations for cryptocurrency miners.
One of the miners based in the country, Bitfarms is set to raise a 50 million CAD to make a solid position in the region and better itself in the heated competition.
Bitfarms is partnering with Canada’s investment banks such as GMP Securities L.P. and Powerone Capital Markets Limited for the offering.
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Interest In Cryptocurreny Surged 15x In Kazakhstan
According to a study made by Yandex, Kazakhstanis’ interest to cryptocurrencies has increased 15 times against last year.
Online searches about cryptocurrencies has started to bolster in the country in June 2017.
Specific searches include bitcoin, blockchain, initial coin offering, crypto mining and other related combined words such as how to buy crypto, crypto exchanges, how to mine crypto and many more.
Headlines for the world of Cryptocurrencies - March 05, 2018PayPal Is Looking For A Faster Cryptocurrency Payments Technology / Ukraine's Leading Pawnshop Network Is Launching Cryptocurrency-Secured Lending Service |
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Headlines for the world of Cryptocurrencies - March 04, 2018Uber Co-Founder Revealed A New Cryptocurreny, Eco / The Upstart MMA promotion Primal FC Plans to Pay Fighters In Bitcoin |
Headlines for the world of Cryptocurrencies - March 03, 2018One Of South Korea's 'Big 5' Bank Has Completed Ripple Remittance Trial / Sixteen Japanese Cryptocurrency Exchanges Are Forming a Self-Regulatory Body |